Read the full decision in
TYPE OF TAX – Corporation tax - deductibility of expenditure - sponsorship payments
intended to improve fortunes of sports club- expectation of trade benefits principally as a
result of recognition by others involved with the club of taxpayer’s benefaction - dual
purpose of benefiting sports club and taxpayer’s trade - payments not deductible - Income
and Corporation Taxes Act 1988, s 74 – appeal dismissed.
Published 1 December 2016